<PAGE> PAGE 1
000 B000000 01/31/99
000 C000000 0000734383
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 VANGUARD SPECIALIZED FUNDS
001 B000000 811-3916
001 C000000 6106691000
002 A000000 100 VANGUARD BOULEVARD
002 B000000 MALVERN
002 C000000 PA
002 D010000 19355
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C020100 VANGUARD ENERGY FUND
007 C030100 N
007 C010200 2
007 C020200 VANGUARD HEALTH CARE FUND
007 C030200 N
007 C010300 3
007 C020300 VANGUARD GOLD AND PRECIOUS METALS FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C020600 VANGUARD UTILITIES INCOME FUND
007 C030600 N
007 C010700 7
007 C020700 VANGUARD REIT INDEX FUND
007 C030700 N
007 C010800 8
007 C010900 9
007 C011000 10
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
014 A00AA01 VANGUARD MARKETING CORP.
014 B00AA01 8-21570
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 97
<PAGE> PAGE 2
019 C00AA00 VANGUARDGR
020 A000001 MORGAN STANLEY TRUST CO.
020 C000001 1083
020 A000002 FRANK RUSSELL SECURITIES, INC.
020 B000002 91-0604934
020 C000002 1036
020 A000003 SMITH BARNEY INC.
020 B000003 13-1912900
020 C000003 383
020 A000004 SG COWEN SECURITIES CORP.
020 B000004 13-5616116
020 C000004 377
020 A000005 GOLDMAN SACHS & CO.
020 B000005 13-5108880
020 C000005 312
020 A000006 MERRILL LYNCH, PIERCE FENNER & SMITH INC.
020 B000006 13-5674085
020 C000006 298
020 A000007 SBC WARBURG INC.
020 B000007 13-3340045
020 C000007 297
020 A000008 BEAR STEARNS & CO., INC.
020 B000008 13-3299429
020 C000008 291
020 A000009 LEHMAN BROTHERS INC.
020 B000009 13.2518466
020 C000009 244
020 A000010 PAINEWEBBER INCORPORATED
020 B000010 13-2638166
020 C000010 214
021 000000 7773
022 A000001 LEHMAN BROTHERS INC.
022 B000001 13-2518466
022 C000001 54720114
022 D000001 0
022 A000002 CREDIT SUISSE FIRST BOSTON CORP.
022 B000002 13-5659485
022 C000002 35109338
022 D000002 5182
022 A000003 J.P. MORGAN SECURITIES INC.
022 B000003 13-3224016
022 C000003 10052758
022 D000003 0
022 A000004 VANGUARD GROUP/POOLED CASH ACCOUNT
022 B000004 23-1945930
022 C000004 1201604
022 D000004 1689330
022 A000005 MORGAN STANLEY TRUST CO.
022 C000005 1344414
022 D000005 46
022 A000006 GENERAL ELECTRIC CAPITAL CORP.
<PAGE> PAGE 3
022 C000006 1204072
022 D000006 0
022 A000007 MERRILL LYNCH PIERCE FENNER & SMITH INC.
022 B000007 13-5674085
022 C000007 1115839
022 D000007 7166
022 A000008 ASSOCIATES CORP.
022 C000008 915943
022 D000008 0
022 A000009 AMERICAN EXPRESS FINANCIAL CORP.
022 C000009 398524
022 D000009 0
022 A000010 GOLDMAN SACHS & CO.
022 B000010 13-5108880
022 C000010 231964
022 D000010 6520
023 C000000 107030682
023 D000000 2123143
024 00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 Y
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
034 00AA00 N
035 00AA00 0
036 B00AA00 0
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
<PAGE> PAGE 4
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00 350000
081 A00AA00 Y
081 B00AA00 178
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
008 A000101 WELLINGTON MANAGEMENT COMPANY LLP
008 B000101 A
008 C000101 801-15908
008 D010101 BOSTON
008 D020101 MA
008 D030101 02109
015 A000101 STATE STREET BANK AND TRUST COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02110
015 E010101 X
028 A010100 20347
028 A020100 0
028 A030100 0
028 A040100 38302
<PAGE> PAGE 5
028 B010100 19692
028 B020100 0
028 B030100 0
028 B040100 23156
028 C010100 13787
028 C020100 0
028 C030100 0
028 C040100 19438
028 D010100 16644
028 D020100 0
028 D030100 0
028 D040100 28706
028 E010100 25334
028 E020100 27978
028 E030100 0
028 E040100 53044
028 F010100 33923
028 F020100 4
028 F030100 0
028 F040100 37520
028 G010100 129727
028 G020100 27982
028 G030100 0
028 G040100 200166
028 H000100 0
037 000100 Y
038 000100 654
039 000100 N
040 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
<PAGE> PAGE 6
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 Y
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 213687
071 B000100 322551
071 C000100 959108
071 D000100 22
072 A000100 12
072 B000100 2329
072 C000100 16315
072 D000100 0
072 E000100 144
072 F000100 688
072 G000100 1167
072 H000100 0
072 I000100 1766
072 J000100 156
072 K000100 0
072 L000100 63
072 M000100 2
072 N000100 0
072 O000100 36
072 P000100 0
072 Q000100 0
072 R000100 7
072 S000100 0
072 T000100 267
072 U000100 0
072 V000100 7
072 W000100 0
072 X000100 4159
072 Y000100 37
072 Z000100 14666
072AA000100 55721
072BB000100 55251
072CC010100 0
072CC020100 231896
072DD010100 15275
072DD020100 0
072EE000100 18471
<PAGE> PAGE 7
073 A010100 0.3500
073 A020100 0.0000
073 B000100 0.4200
073 C000100 0.0000
074 A000100 0
074 B000100 63659
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 712143
074 G000100 0
074 H000100 0
074 I000100 140
074 J000100 62150
074 K000100 0
074 L000100 1670
074 M000100 0
074 N000100 839762
074 O000100 59833
074 P000100 439
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 19161
074 S000100 0
074 T000100 760329
074 U010100 44305
074 U020100 0
074 V010100 17.16
074 V020100 0.00
074 W000100 0.0000
074 X000100 55616
074 Y000100 0
075 A000100 0
075 B000100 1003509
076 000100 0.00
008 A000201 WELLINGTON MANAGEMENT COMPANY LLP
008 B000201 A
008 C000201 801-15908
008 D010201 BOSTON
008 D020201 MA
008 D030201 02109
015 A000201 STATE STREET BANK AND TRUST COMPANY
015 B000201 C
015 C010201 BOSTON
015 C020201 MA
015 C030201 02110
015 E010201 X
028 A010200 236764
028 A020200 0
<PAGE> PAGE 8
028 A030200 0
028 A040200 123351
028 B010200 232405
028 B020200 0
028 B030200 0
028 B040200 72029
028 C010200 235754
028 C020200 0
028 C030200 0
028 C040200 90501
028 D010200 323352
028 D020200 0
028 D030200 0
028 D040200 41110
028 E010200 409259
028 E020200 227350
028 E030200 0
028 E040200 57834
028 F010200 641815
028 F020200 16
028 F030200 0
028 F040200 77891
028 G010200 2079349
028 G020200 227366
028 G030200 0
028 G040200 462716
028 H000200 0
037 000200 Y
038 000200 418
039 000200 N
040 000200 N
054 A000200 N
054 B000200 N
054 C000200 N
054 D000200 N
054 E000200 N
054 F000200 N
054 G000200 N
054 H000200 N
054 I000200 N
054 J000200 N
054 K000200 N
054 L000200 N
054 M000200 Y
054 N000200 N
054 O000200 N
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
070 A010200 Y
<PAGE> PAGE 9
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 2796735
071 B000200 678837
071 C000200 6108438
071 D000200 11
072 A000200 12
072 B000200 45614
072 C000200 56774
072 D000200 0
072 E000200 651
072 F000200 4847
072 G000200 7602
072 H000200 0
072 I000200 9666
072 J000200 856
072 K000200 0
072 L000200 236
<PAGE> PAGE 10
072 M000200 13
072 N000200 0
072 O000200 185
072 P000200 0
072 Q000200 0
072 R000200 10
072 S000200 0
072 T000200 1382
072 U000200 0
072 V000200 28
072 W000200 0
072 X000200 24825
072 Y000200 334
072 Z000200 78548
072AA000200 434367
072BB000200 17219
072CC010200 1684504
072CC020200 0
072DD010200 74779
072DD020200 0
072EE000200 253199
073 A010200 0.8400
073 A020200 0.0000
073 B000200 3.0800
073 C000200 0.0000
074 A000200 0
074 B000200 664387
074 C000200 840589
074 D000200 0
074 E000200 16290
074 F000200 8495465
074 G000200 0
074 H000200 0
074 I000200 1589
074 J000200 0
074 K000200 0
074 L000200 49239
074 M000200 0
074 N000200 10067559
074 O000200 153697
074 P000200 2098
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 27422
074 S000200 0
074 T000200 9884342
074 U010200 101563
074 U020200 0
074 V010200 97.32
<PAGE> PAGE 11
074 V020200 0.00
074 W000200 0.0000
074 X000200 429460
074 Y000200 0
075 A000200 0
075 B000200 6958112
076 000200 0.00
008 A000301 M & G INVESTMENT MANAGEMENT LIMITED
008 B000301 A
008 C000301 801-21981
008 D010301 LONDON
008 D050301 UK
015 A000301 THE CHASE MANHATTAN BANK, N.A.
015 B000301 C
015 C010301 BROOKLYN
015 C020301 NY
015 C030301 11245
015 E010301 X
028 A010300 12288
028 A020300 0
028 A030300 0
028 A040300 7387
028 B010300 18525
028 B020300 0
028 B030300 0
028 B040300 9943
028 C010300 14616
028 C020300 0
028 C030300 0
028 C040300 16931
028 D010300 4295
028 D020300 0
028 D030300 0
028 D040300 9561
028 E010300 5036
028 E020300 3048
028 E030300 0
028 E040300 15223
028 F010300 7208
028 F020300 0
028 F030300 0
028 F040300 8775
028 G010300 61968
028 G020300 3048
028 G030300 0
028 G040300 67820
028 H000300 0
037 000300 Y
038 000300 461
039 000300 N
040 000300 N
<PAGE> PAGE 12
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 100000
048 A020300 0.300
048 B010300 150000
048 B020300 0.200
048 C010300 250000
048 C020300 0.150
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 500000
048 K020300 0.100
055 A000300 Y
055 B000300 N
056 000300 Y
057 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
<PAGE> PAGE 13
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 97721
071 B000300 73399
071 C000300 313006
071 D000300 23
072 A000300 12
072 B000300 632
072 C000300 6046
072 D000300 0
072 E000300 110
072 F000300 712
072 G000300 599
072 H000300 0
072 I000300 925
072 J000300 120
072 K000300 0
072 L000300 35
072 M000300 1
072 N000300 0
072 O000300 10
072 P000300 0
072 Q000300 0
072 R000300 6
072 S000300 0
072 T000300 74
072 U000300 0
072 V000300 4
072 W000300 0
072 X000300 2486
072 Y000300 0
072 Z000300 4302
072AA000300 10793
072BB000300 47110
072CC010300 0
072CC020300 6079
072DD010300 4222
072DD020300 0
<PAGE> PAGE 14
072EE000300 0
073 A010300 0.0900
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 6546
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 277789
074 G000300 0
074 H000300 0
074 I000300 22154
074 J000300 3975
074 K000300 0
074 L000300 338
074 M000300 0
074 N000300 310802
074 O000300 0
074 P000300 249
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 734
074 S000300 0
074 T000300 309819
074 U010300 46867
074 U020300 0
074 V010300 6.61
074 V020300 0.00
074 W000300 0.0000
074 X000300 31992
074 Y000300 0
075 A000300 0
075 B000300 323823
076 000300 0.00
008 A000601 WELLINGTON MANAGEMENT COMPANY LLP
008 B000601 A
008 C000601 801-15908
008 D010601 BOST0N
008 D020601 MA
008 D030601 02109
015 A000601 STATESTREET BANK AND TRUST COMPANY
015 B000601 C
015 C010601 BOSTON
015 C020601 MA
015 C030601 02110
015 E010601 X
028 A010600 11316
<PAGE> PAGE 15
028 A020600 0
028 A030600 0
028 A040600 10266
028 B010600 25889
028 B020600 5206
028 B030600 0
028 B040600 8061
028 C010600 56373
028 C020600 0
028 C030600 0
028 C040600 17932
028 D010600 25479
028 D020600 0
028 D030600 0
028 D040600 9484
028 E010600 27018
028 E020600 48245
028 E030600 0
028 E040600 12078
028 F010600 34483
028 F020600 0
028 F030600 0
028 F040600 16767
028 G010600 180558
028 G020600 53451
028 G030600 0
028 G040600 74588
028 H000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 N
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.000
048 A010600 500000
048 A020600 0.150
048 B010600 500000
048 B020600 0.125
048 C010600 1000000
048 C020600 0.100
048 D010600 1000000
048 D020600 0.075
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
<PAGE> PAGE 16
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 3000000
048 K020600 0.050
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 N
054 A000600 N
054 B000600 N
054 C000600 N
054 D000600 N
054 E000600 N
054 F000600 N
054 G000600 N
054 H000600 N
054 I000600 N
054 J000600 N
054 K000600 N
054 L000600 N
054 M000600 Y
054 N000600 N
054 O000600 N
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 N
066 E000600 Y
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 N
<PAGE> PAGE 17
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 Y
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 Y
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 540683
071 B000600 421305
071 C000600 772882
071 D000600 55
072 A000600 12
072 B000600 8296
072 C000600 22449
072 D000600 0
072 E000600 84
072 F000600 550
072 G000600 1113
072 H000600 0
072 I000600 1165
072 J000600 23
072 K000600 0
072 L000600 36
072 M000600 1
072 N000600 0
072 O000600 23
072 P000600 0
072 Q000600 0
072 R000600 6
072 S000600 0
072 T000600 139
<PAGE> PAGE 18
072 U000600 0
072 V000600 4
072 W000600 0
072 X000600 3060
072 Y000600 165
072 Z000600 27934
072AA000600 73297
072BB000600 7885
072CC010600 52370
072CC020600 0
072DD010600 29408
072DD020600 0
072EE000600 53436
073 A010600 0.5900
073 A020600 0.0000
073 B000600 1.0100
073 C000600 0.0000
074 A000600 0
074 B000600 39710
074 C000600 0
074 D000600 111105
074 E000600 0
074 F000600 811592
074 G000600 0
074 H000600 0
074 I000600 161
074 J000600 6270
074 K000600 0
074 L000600 6075
074 M000600 0
074 N000600 974913
074 O000600 6158
074 P000600 371
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 16701
074 S000600 0
074 T000600 951683
074 U010600 58486
074 U020600 0
074 V010600 16.27
074 V020600 0.00
074 W000600 0.0000
074 X000600 45730
074 Y000600 0
075 A000600 0
075 B000600 796692
076 000600 0.00
015 A000701 FIRST UNION NATIONAL BANK
<PAGE> PAGE 19
015 B000701 C
015 C010701 PHILADELPHIA
015 C020701 PA
015 C030701 19101
015 E010701 X
028 A010700 24453
028 A020700 0
028 A030700 0
028 A040700 55603
028 B010700 18701
028 B020700 16020
028 B030700 0
028 B040700 46757
028 C010700 15648
028 C020700 0
028 C030700 0
028 C040700 48739
028 D010700 18845
028 D020700 0
028 D030700 0
028 D040700 28876
028 E010700 37180
028 E020700 20796
028 E030700 0
028 E040700 50464
028 F010700 38552
028 F020700 0
028 F030700 0
028 F040700 34798
028 G010700 153379
028 G020700 36816
028 G030700 0
028 G040700 265237
028 H000700 0
037 000700 Y
038 000700 1252
039 000700 N
040 000700 N
045 000700 N
048 000700 0.000
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
<PAGE> PAGE 20
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
055 A000700 N
055 B000700 N
056 000700 N
057 000700 N
066 A000700 Y
066 B000700 N
066 C000700 N
066 D000700 N
066 E000700 Y
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 Y
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
<PAGE> PAGE 21
070 M020700 N
070 N010700 Y
070 N020700 Y
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 Y
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 315319
071 B000700 429067
071 C000700 1090122
071 D000700 29
072 A000700 12
072 B000700 996
072 C000700 58582
072 D000700 0
072 E000700 1083
072 F000700 53
072 G000700 661
072 H000700 0
072 I000700 1767
072 J000700 15
072 K000700 0
072 L000700 47
072 M000700 2
072 N000700 0
072 O000700 39
072 P000700 0
072 Q000700 0
072 R000700 7
072 S000700 0
072 T000700 346
072 U000700 0
072 V000700 6
072 W000700 0
072 X000700 2943
072 Y000700 0
072 Z000700 57718
072AA000700 20112
072BB000700 59897
072CC010700 0
072CC020700 236893
072DD010700 57832
072DD020700 0
072EE000700 0
073 A010700 0.6660
073 A020700 0.0000
073 B000700 0.0000
<PAGE> PAGE 22
073 C000700 0.1440
074 A000700 0
074 B000700 17334
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 888317
074 G000700 0
074 H000700 0
074 I000700 161
074 J000700 2765
074 K000700 0
074 L000700 2725
074 M000700 0
074 N000700 911302
074 O000700 692
074 P000700 333
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 6005
074 S000700 0
074 T000700 904272
074 U010700 83683
074 U020700 0
074 V010700 10.81
074 V020700 0.00
074 W000700 0.0000
074 X000700 49350
074 Y000700 0
075 A000700 0
075 B000700 1111129
076 000700 0.00
SIGNATURE GARY P. SOURA
TITLE MANAGER
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
<NUMBER> 01
<NAME> VANGUARD ENERGY FUND
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-START> FEB-01-1998
<PERIOD-END> JAN-31-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 788685
<INVESTMENTS-AT-VALUE> 775802
<RECEIVABLES> 63820
<ASSETS-OTHER> 140
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 839762
<PAYABLE-FOR-SECURITIES> 59833
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19600
<TOTAL-LIABILITIES> 79433
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 788736
<SHARES-COMMON-STOCK> 44305
<SHARES-COMMON-PRIOR> 48072
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 379
<ACCUMULATED-NET-GAINS> (15145)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (12883)
<NET-ASSETS> 760329
<DIVIDEND-INCOME> 16315
<INTEREST-INCOME> 2329
<OTHER-INCOME> 144
<EXPENSES-NET> 4122
<NET-INVESTMENT-INCOME> 14666
<REALIZED-GAINS-CURRENT> 470
<APPREC-INCREASE-CURRENT> (231896)
<NET-CHANGE-FROM-OPS> (216760)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 15275
<DISTRIBUTIONS-OF-GAINS> 18471
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13075
<NUMBER-OF-SHARES-REDEEMED> 18532
<SHARES-REINVESTED> 1690
<NET-CHANGE-IN-ASSETS> 330156
<ACCUMULATED-NII-PRIOR> 243
<ACCUMULATED-GAINS-PRIOR> 2843
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 688
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4159
<AVERAGE-NET-ASSETS> 1003509
<PER-SHARE-NAV-BEGIN> 22.68
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> (5.08)
<PER-SHARE-DIVIDEND> 0.35
<PER-SHARE-DISTRIBUTIONS> 0.42
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.16
<EXPENSE-RATIO> 0.41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
<NUMBER> 02
<NAME> VANGUARD HEALTH CARE FUND
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-START> FEB-01-1998
<PERIOD-END> JAN-31-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 6811795
<INVESTMENTS-AT-VALUE> 10016731
<RECEIVABLES> 49239
<ASSETS-OTHER> 1589
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10067559
<PAYABLE-FOR-SECURITIES> 153697
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29520
<TOTAL-LIABILITIES> 183217
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6419561
<SHARES-COMMON-STOCK> 101563
<SHARES-COMMON-PRIOR> 63765
<ACCUMULATED-NII-CURRENT> 7231
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 246418
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3211132
<NET-ASSETS> 9884342
<DIVIDEND-INCOME> 56774
<INTEREST-INCOME> 45614
<OTHER-INCOME> 651
<EXPENSES-NET> 24491
<NET-INVESTMENT-INCOME> 78548
<REALIZED-GAINS-CURRENT> 417148
<APPREC-INCREASE-CURRENT> 1684504
<NET-CHANGE-FROM-OPS> 2180200
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 74779
<DISTRIBUTIONS-OF-GAINS> 253199
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 42315
<NUMBER-OF-SHARES-REDEEMED> 8032
<SHARES-REINVESTED> 3515
<NET-CHANGE-IN-ASSETS> 5164523
<ACCUMULATED-NII-PRIOR> 3458
<ACCUMULATED-GAINS-PRIOR> 82473
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4847
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 24825
<AVERAGE-NET-ASSETS> 6958112
<PER-SHARE-NAV-BEGIN> 74.02
<PER-SHARE-NII> 0.86
<PER-SHARE-GAIN-APPREC> 26.36
<PER-SHARE-DIVIDEND> 0.84
<PER-SHARE-DISTRIBUTIONS> 3.08
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 97.32
<EXPENSE-RATIO> 0.36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
<NUMBER> 03
<NAME> VANGUARD GOLD AND PRECIOUS METALS FUND
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-START> FEB-01-1998
<PERIOD-END> JAN-31-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 410376
<INVESTMENTS-AT-VALUE> 306433
<RECEIVABLES> 4313
<ASSETS-OTHER> 56
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 310802
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 983
<TOTAL-LIABILITIES> 983
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 507467
<SHARES-COMMON-STOCK> 46867
<SHARES-COMMON-PRIOR> 43496
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 3099
<ACCUMULATED-NET-GAINS> (90606)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (103943)
<NET-ASSETS> 309819
<DIVIDEND-INCOME> 6046
<INTEREST-INCOME> 632
<OTHER-INCOME> 110
<EXPENSES-NET> 2486
<NET-INVESTMENT-INCOME> 4302
<REALIZED-GAINS-CURRENT> (36317)
<APPREC-INCREASE-CURRENT> (6079)
<NET-CHANGE-FROM-OPS> (38094)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4222
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19282
<NUMBER-OF-SHARES-REDEEMED> 16479
<SHARES-REINVESTED> 568
<NET-CHANGE-IN-ASSETS> (17499)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (53432)
<OVERDISTRIB-NII-PRIOR> 4036
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 712
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2486
<AVERAGE-NET-ASSETS> 323823
<PER-SHARE-NAV-BEGIN> 7.53
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> (0.93)
<PER-SHARE-DIVIDEND> 0.09
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.61
<EXPENSE-RATIO> 0.77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
<NUMBER> 06
<NAME> VANGUARD UTILITIES INCOME FUND
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-START> FEB-01-1998
<PERIOD-END> JAN-31-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 747392
<INVESTMENTS-AT-VALUE> 962407
<RECEIVABLES> 12345
<ASSETS-OTHER> 161
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 974913
<PAYABLE-FOR-SECURITIES> 6158
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17072
<TOTAL-LIABILITIES> 23230
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 715722
<SHARES-COMMON-STOCK> 58486
<SHARES-COMMON-PRIOR> 46704
<ACCUMULATED-NII-CURRENT> 1862
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 19084
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 215015
<NET-ASSETS> 951683
<DIVIDEND-INCOME> 22449
<INTEREST-INCOME> 8296
<OTHER-INCOME> 84
<EXPENSES-NET> 2895
<NET-INVESTMENT-INCOME> 27934
<REALIZED-GAINS-CURRENT> 65412
<APPREC-INCREASE-CURRENT> 52370
<NET-CHANGE-FROM-OPS> 145716
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 29408
<DISTRIBUTIONS-OF-GAINS> 53436
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 16838
<NUMBER-OF-SHARES-REDEEMED> 9519
<SHARES-REINVESTED> 4463
<NET-CHANGE-IN-ASSETS> 252746
<ACCUMULATED-NII-PRIOR> 7652
<ACCUMULATED-GAINS-PRIOR> 8158
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 550
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3060
<AVERAGE-NET-ASSETS> 796692
<PER-SHARE-NAV-BEGIN> 14.97
<PER-SHARE-NII> 0.55
<PER-SHARE-GAIN-APPREC> 2.35
<PER-SHARE-DIVIDEND> 0.59
<PER-SHARE-DISTRIBUTIONS> 1.01
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.27
<EXPENSE-RATIO> 0.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
<NUMBER> 07
<NAME> VANGUARD REIT INDEX FUND
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-START> FEB-01-1998
<PERIOD-END> JAN-31-1999
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 974828
<INVESTMENTS-AT-VALUE> 905651
<RECEIVABLES> 5490
<ASSETS-OTHER> 161
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 911302
<PAYABLE-FOR-SECURITIES> 692
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6338
<TOTAL-LIABILITIES> 7030
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1013567
<SHARES-COMMON-STOCK> 83683
<SHARES-COMMON-PRIOR> 94214
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 333
<ACCUMULATED-NET-GAINS> (39785)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (69177)
<NET-ASSETS> 904272
<DIVIDEND-INCOME> 58582
<INTEREST-INCOME> 996
<OTHER-INCOME> 1083
<EXPENSES-NET> 2943
<NET-INVESTMENT-INCOME> 57718
<REALIZED-GAINS-CURRENT> (39785)
<APPREC-INCREASE-CURRENT> (236893)
<NET-CHANGE-FROM-OPS> (218960)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 57832
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 12496
<NUMBER-OF-SHARES-SOLD> 29719
<NUMBER-OF-SHARES-REDEEMED> 45501
<SHARES-REINVESTED> 5251
<NET-CHANGE-IN-ASSETS> (412460)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 219
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 53
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2943
<AVERAGE-NET-ASSETS> 1111129
<PER-SHARE-NAV-BEGIN> 13.98
<PER-SHARE-NII> 0.666
<PER-SHARE-GAIN-APPREC> (3.026)
<PER-SHARE-DIVIDEND> 0.666
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.144
<PER-SHARE-NAV-END> 10.81
<EXPENSE-RATIO> 0.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
